HKAC finances one A320-200

By Dino D'Amore
April 1, 2014 20:30

On March 31 2014, Crédit Agricole CIB (CA CIB) closed the financing of one A320-200 for Hong Kong Aviation Capital (HKAC) on lease to Jetstar Japan. The aircraft was delivered from Airbus in December 2013 and refinanced by way of a senior commercial loan facility underwritten and provided by CA CIB, who is also acting as Facility Agent and Security Trustee.

This transaction is the first financing arranged by CA CIB for HKAC, a Hong Kong-based operating lessor established in 2010, also with offices in Dublin, New York and Sydney. HKAC has a fleet of more than 75 aircraft in its portfolio, on lease with airlines in Asia-Pacific, Europe, Middle East and the Americas.